Wings Financial CU
SBA 7(a) Lending Profile · FY 2024 analysis
Industry Focus
Top industries served by Wings Financial CU
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 238220 | Plumbing, Heating, and Air-Conditioning Contractors | 16 | $6.5M | $407K | 16.7% |
| 611620 | Sports and Recreation Instruction | 16 | $5.7M | $355K | 16.7% |
| 451110 | Sporting Goods Stores | 16 | $3.2M | $203K | 16.7% |
| 533110 | Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | 8 | $16.0M | $2.0M | 8.3% |
| 541519 | Other Computer Related Services | 8 | $800K | $100K | 8.3% |
| 811111 | General Automotive Repair | 8 | $2.6M | $330K | 8.3% |
| 112120 | Dairy Cattle and Milk Production | 8 | $1.3M | $168K | 8.3% |
| 236118 | Residential Remodelers | 8 | $4.0M | $500K | 8.3% |
| 541810 | Advertising Agencies | 8 | $1.2M | $155K | 8.3% |
Geographic Distribution
SBA lending activity for Wings Financial CU by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 80 | $24.1M | 83.3% |
| Alabama (AL) | 8 | $16.0M | 8.3% |
| California (CA) | 8 | $1.3M | 8.3% |
Why Choose Wings Financial CU?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 96 SBA loans approved, totaling $41.5M in financing
- ✓Industry Expertise: Specialized focus on Plumbing, Heating, and Air-Conditioning Contractors, Sports and Recreation Instruction, Sporting Goods Stores
- ✓Competitive Terms: Average interest rate of 6.47% with flexible term lengths averaging 113 months
- ✓Loan Range: Loan sizes from $50K to $2.0M, with an average of $432K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in WI, CA, AL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Wings Financial CU SBA lending
What types of businesses does Wings Financial CU typically finance?
Wings Financial CU specializes in SBA 7(a) lending to specific industries including plumbing, heating, and air-conditioning contractors, sports and recreation instruction, sporting goods stores, lessors of nonfinancial intangible assets (except copyrighted works). They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Wings Financial CU's typical SBA loan terms?
Wings Financial CU's SBA 7(a) loans typically feature an average interest rate of 6.47% and average term length of 113 months (approximately 9 years). Loan sizes range from $50K to $2.0M, with an average loan size of $432K.
Do I need a business valuation for a Wings Financial CU SBA loan?
Yes, Wings Financial CU typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Wings Financial CU compare to other SBA lenders?
Wings Financial CU has originated 96 SBA loans totaling $41.5M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Wings Financial CU lend in?
Wings Financial CU provides SBA 7(a) financing with particularly strong presence in WI, CA, AL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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